Vietnam’s export surge does not justify massive manufacturing relocation from China (Global Times)

Vietnam’s export revenue in the first five months of 2019 has seen a 6.7 percent increase year-on-year. Against the backdrop of a global economic slowdown and sprawling trade protectionism, this export performance has outshone other countries. In contrast, China’s exports within the same period have been fluctuating and waning. Some are worried about industries withdrawing from China. However, there is no need to get too anxious.

By Shen Jianguang

China-Latin America cooperation benefits both peoples: spokesperson (Global Times)

The cooperation between China and Venezuela and the cooperation between China and Latin America adhere to the principles of mutual respect, equality and mutual benefits, and benefit both peoples, a Foreign Ministry spokesperson said Tuesday.

Alipay starts face-scanning solutions with beauty filters in China’s largest bookstore (Global Times)

Chinese payment and service platform Alipay started operating its facial recognition payment systems with beauty filters at Xinhua Bookstores, the largest bookstore in China, the company announced Tuesday.


Investors stay cautious on China’s sci-tech board as murky investmnet values emerge (Global Times)

China’s much-anticipated stock trading board for high-tech startups is off to a bounding start, as capital floods the new board with rising public anticipation for returns.

Meat market supply in China to remain stable: official (Global Times)

Pork prices in China are not to come down in the coming months as supply is expected to be tight in the second half of the year. With the increase of domestic output of substitutes, and rising quantities of imported pork, overall supply of the meat market is guaranteed, an official said.